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Bitcoin Market At Decision Point: aSOPR Retests Crucial Level

[Apr 25, 2023 12:00 PM] The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined Towards A Value Of 1.0 Recently According to the latest weekly report…

Dormant Bitcoin Whales Waking Up, A Concern For BTC Price?

[Apr 25, 2023 11:00 AM] In five short days, three Bitcoin whales have activated addresses with thousands of BTC. The community is concerned that the quick activation of these big BTC wallets might be due to a security flaw affecting wallet private key generators and would…

Shiba Inu Lead Dev Touts “Go Mode”, Will Price Follow?

[Apr 25, 2023 7:50 AM] Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has shared an exciting message with the SHIB community in the official Shibarium Telegram group today. It comes at a time when the SHIB price is facing a make-or-break moment, as…

Bitcoin Wyckoff And Elliott Wave Predict This Next Price Move

[Apr 25, 2023 2:40 AM] The Bitcoin (BTC) price has been trading in a range between $27,000 and $28,000 since Friday last week, with $27,800 currently being the most important resistance level to kick off a move to the upside. As recently as last Tuesday, BTC was trading…

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K

[Apr 24, 2023 8:27 PM] Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100…

Bitcoin’s Upcycle Shows Small Drawdowns, Report

[Apr 24, 2023 2:30 PM] The Bitcoin (BTC) market has faced some resistance this week, according to a report by cryptocurrency analytics firm Glassnode. The market reverted from a weekly high of over $31,000 to a low of $27,000, signaling a potential correction in the…

Why Bitcoin May Have Completed The “Perfect” Pullback

[Apr 24, 2023 12:06 PM] Bitcoin price is trading at around $27,000 per coin after failing to hold above $30,000. Crypto market sentiment would suggest that BTC is already back at lows, ready for a fresh decline. However, if a perfected TD buy setup is an indication, then…